Investment Opportunity in Kelowna: 1531 Lawrence Ave

$1,180,000

4 Beds | 3 Baths | 2,553 SqFt

1531 Lawrence AVE, Kelowna, BC V1Y6M9

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Are you searching for a real estate investment that offers both immediate value and future potential? Look no further than 1531 Lawrence Ave in Kelowna, BC. This charming property, nestled at the coveted corner of Lawrence and Alta Vista cul-de-sac, presents a unique opportunity for astute investors.

With a listing price of $1,180,000, this home boasts three bedrooms and two bathrooms in the main dwelling, along with a bright and spacious ground-level suite featuring an additional bedroom and bathroom. The potential for rental income or a multi-generational living arrangement is just the beginning of the allure this property holds.

Spanning 0.165 acres, the generous lot features approximately 170 feet of street frontage. As if that wasn't enticing enough, the property is situated along the bustling shopper shuttle bus route, making it even more attractive for future zoning developments that could enhance its value. The stage is set for this investment to truly flourish.

As you step inside, you'll be greeted by timeless elegance. Meticulously maintained oak hardwood flooring, staircase, and kitchen cabinets exude a sense of sophistication and durability. Recent upgrades, such as a newer roof, hot water on demand, and central air conditioning installed in 2018, ensure modern comfort and efficiency for both residents and potential tenants.

The practicality and convenience of this property extend beyond the interior. With an attached double garage and ample parking space for up to six vehicles, a boat, or even a sizable RV, parking will never be an issue. Additionally, the front yard features two majestic walnut trees, adding character and charm to this idyllic retreat.

But it's the backyard that truly sets this property apart. Step into a verdant oasis adorned with a vibrant purple plum and verdant green apple tree. Imagine enjoying the peacefulness and beauty of your own private sanctuary, all while being within reach of city amenities.

In conclusion, 1531 Lawrence Ave presents an exceptional opportunity for investors looking to capitalize on the potential of this centrally located lot. With its prime location, charming abode, and future zoning possibilities, this property whispers of opportunity and possibility. Don't miss your chance to embrace the promise of tomorrow.